U.S. nonfarm productivity is a measure of economic activity within the engine of the U.S. economy. The U.S. productivity rate is a measure of how much value is produced by the economy through demand for the products and services, and the labor associated with the creation of those products and services.
I have often used the example of making bread {Go Deep}. If you are making 10 loaves of bread, there is a set amount of cost associated with each loaf created. The total cost of each loaf is the total cost to produce the entire batch divided by ten. However, if you have customers demanding 15 loaves of bread, you make more profit on the last five because it doesn’t cost 50% more in material or labor to make 50% more loaves.
Your productivity in the last five loaves is higher because the fixed costs of production (raw materials, energy) barely change, and the labor is only slightly higher. The opposite is also true. It costs more per loaf to make fewer than ten loaves because the fixed costs and your labor are pretty consistent, yet the finished value of 7 loaves is less than the finished value of ten.
Anecdotally, it has looked for quite some time that around May of this year the economy peaked, plateaued for a few weeks, and then began a slow downward progression. Today the Bureau of Labor statistics puts some revised data to that third quarter (July, August and Sept) economic activity {data here}. The quantified results align with what we sensed was taking place.
Patrick Murray is a notoriously partisan pollster from Monmouth University {
The two brothers testified to being paid $3,500 to pull-off the most transparent and goofy hate crime in recent memory. All of the witness statements align with CCTV footage, cell phone records and other evidence that showed the trio even rehearsed the late night fake crime. There is not a shred of evidence that counteracts the entire fiasco as a ridiculous hate crime hoax. Yet for some insufferable reason this case reached a courtroom.


The DOJ/FBI had an intelligence source named Carter Page, essentially an informant who worked for the CIA and whom the FBI previously used to indict Russians in the Buryakov case. Page was tangentially affiliated with the Trump campaign, so he became the conduit -a target- to get a search warrant that would provide the cover for all prior surveillance.